January 2023

MOMAN attributes queues to distribution bottlenecks

The Major Oil Marketers Association of Nigeria (MOMAN) on Friday said queues at filling stations were as a result of exceptional high demand and bottlenecks in the fuel distribution chain. The Chief Executive Officer of MOMAN, Mr Clement Isong said this…

Ending persistent fuel scarcity

For over two decades of civil rule in Nigeria, the country has continued to export her crude, while importing refined products, resulting in incessant scarcity and unprecedented hike in prices, unleashing avoidable hardship on the citizenry. From 1999, and till…

Stock market appreciates 0.16%, W/W

By Philemon Adedeji The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalization appreciated by 0.16 per cent to close the week at 52,594.68 index points and N28.647 trillion respectively. Similarly, all other indices finished higher with the exception…